Cipla Limited has made a disclosure to the stock exchanges pursuant to Regulation 30 of the SEBI Listing Regulations regarding a change in senior management personnel.
The company announced that Mr. Venkata Sai Mungara, who previously held the position of Global Head Supply Chain, has transitioned to the role of Chief of Manufacturing and Supply Chain Operations at Cipla USA Inc., which is a wholly owned subsidiary of Cipla Limited. This transition is effective from 1st October, 2026.
As a consequence of this move to the subsidiary company, Mr. Mungara will cease to be classified as a Senior Management Personnel of Cipla Limited (the parent company) with effect from the same date, 1st October, 2026.
The disclosure includes Annexure A which provides the details required under SEBI circular no. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated 30th January, 2026. The annexure specifies that the reason for change is due to this internal transition rather than appointment, resignation, or removal.
The document was signed by Rajendra Chopra, Company Secretary of Cipla Limited, and was prepared by Simona Dsouza. The disclosure was addressed to BSE Limited, National Stock Exchange of India Limited, and SOCIETE DE LA BOURSE DE LUXEMBOURG.
Financial Impact
No financial impact or quantification provided in the disclosure.